NewEdge Wealth LLC Acquires 6,153 Shares of iShares Russell Mid-Cap ETF $IWR

NewEdge Wealth LLC increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,374 shares of the company’s stock after purchasing an additional 6,153 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $8,690,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after acquiring an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $323,000. Quantbot Technologies LP bought a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter valued at $64,000. Qube Research & Technologies Ltd lifted its stake in iShares Russell Mid-Cap ETF by 581.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock worth $851,000 after purchasing an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC lifted its stake in iShares Russell Mid-Cap ETF by 2.6% in the 2nd quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock worth $7,969,000 after purchasing an additional 2,199 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.3%

IWR opened at $108.85 on Friday. The company has a market capitalization of $55.51 billion, a PE ratio of 21.00 and a beta of 1.00. The firm has a 50-day simple moving average of $108.14 and a two-hundred day simple moving average of $103.44. iShares Russell Mid-Cap ETF has a 52 week low of $91.36 and a 52 week high of $111.43.

iShares Russell Mid-Cap ETF Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.